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News briefs

LVMH, Hermes, De Beers and Frette – News briefs

July 28, 2011

 

hermes-185Today in luxury marketing -

LVMH now owns 21pc of Hermes

LVMH continues to slowly add to its stock ownership of Hermès International saying it now owns 21.4 percent of the venerable Parisian luxury jewelry house, up from 20.2 percent, according to Forbes.

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